The overall Consumer Price Index (CPI) dropped 0.15% to 117.24 in February from 117.41 in January 2013, and with comparison with the base year (2007 =100); it went up by 0.73% compared to the same month last year.
A report by the National Bureau of Statistics (NBS) noted a decrease last month in the groups of Food and Soft Drinks at 0.78% , Textiles, clothing and footwear 0.17%, Transportation 0.05%, and Miscellaneous goods and services 0.29%.
The report added that groups that witnessed uptrend were Beverages and tobacco (0.25%), Housing (0.01%), Furniture and household goods (0.18%), Medical Care (0.15%), and Restaurants and hotels (0.02%).
Prices of education, communications and recreational and cultural activities remained stable. The beginning of the year coincides with the middle of an academic year and therefore tuition fees are not subject of an increase. In addition, tuition fees in Dubai, in particular, at present are so high that it is unlikely consumers to be able to absorbs higher tuition fees.
Read further: Many Dubai schools more expensive than UK universities
At the Emirate level, the CPI dipped 0.05% in Ajman, 0.16% in Fujairah, 0.30% in Ras Al Khaimah, 0.11% in Sharjah, 0.20% in Umm Al Qaiwain, 0.24% in Abu Dhabi and 0.03% in Dubai.
